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(other than the Company or any related person to the Company) , <br /> does not exceed $40 million. <br /> 8. There are no other industrial development bonds to which <br /> Section 103 (b) ( 6) of the Code applies, which together with the <br /> Bond, are to be used with respect to ( i ) a single building, ( ii ) <br /> an enclosed shopping mall, or ( iii) a strip of offices, stores or <br /> warehouses, using substantial common facilities with the Project <br /> or a portion thereof. <br /> 9. Any portion of the Bond proceeds to be used to pay the <br /> cost of Acquisition of any real or personal property (or any <br /> interest therein) to be included in the Project is or will be <br /> with respect to either ( i) real or personal property the first <br /> use of which is pursuant to such Acquisition with the Bond <br /> proceeds; or ( ii) a building (and the equipment therefor) if the <br /> rehabilitation expenditures (as defined in Section 103(b) ( 17) (C) <br /> of the Code) with respect to such building equals or exceeds <br /> fifteen percent ( 15%) of the portion of the cost of acquiring <br /> such building (and equipment) to be financed with the Bond <br /> proceeds; or ( iii) a facility other than a building (and <br /> equipment therefor) if the rehabilitation expenditures (as <br /> defined in Section 103(b) ( 17) (C) of the Code) with respect to <br /> such property equals or exceeds one hundred percent ( 100%) of the <br /> portion of the cost of acquiring such property to be financed <br /> with the Bond proceeds. <br /> 10. (a) No portion of the Bond proceeds will be used <br /> directly or indirectly for the acquisition of land or any <br /> interest therein to be used for the purpose of farming. <br /> 10. (b) Less than twenty-five percent ( 25%) of the Bond <br /> proceeds is or will be used directly or indirectly for the <br /> Acquisition of land to be used for purposes other than farming. <br /> 11. The Bond will not be federally guaranteed within the <br /> meaning of Section 103(h) of the Code. For purposes of this <br /> representation, no principal user of the financed property has <br /> entered into any leases of the financed property to, or sales or <br /> service contracts with, any federal government agency. <br />■ <br /> ppJ. <br /> 71 <br />{ <br /> C-3 <br />